Change in the White House has brought swift transformation to US environmental policies, especially those affecting the oil and gas sector. We don’t believe the beginning of the end is here for the oil and gas industry, but the energy sector faces substantial change—and companies need to adapt over time.
The Paris Agreement, which limits emissions to keep global temperatures within 2°C of preindustrial levels, has caused companies globally to focus on their environmental impact. Energy firms are no exception. Many management teams have been investing, planning and articulating steps they’re taking to ensure they will comply.
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